DeletedUser42407
Guest
Recently the price of gold was increased for Canadians and I am wondering why by so much.
Lets compare to the US
Currently 1 CAD=0.72 USD
CAD Price for 20,000 gold=$120
USD Price for 20,000 gold=$80
120/80=0.6666... which is less than 0.72, the current conversion rate.
This just really turns me off buying more gold especially the 20,000 gold I mean a $20 dollar increase is fairly substantial.
Just my two cents as a moderate Canadian gold user.
Lets compare to the US
Currently 1 CAD=0.72 USD
CAD Price for 20,000 gold=$120
USD Price for 20,000 gold=$80
120/80=0.6666... which is less than 0.72, the current conversion rate.
This just really turns me off buying more gold especially the 20,000 gold I mean a $20 dollar increase is fairly substantial.
Just my two cents as a moderate Canadian gold user.